Business

Accenture set to acquire sovereign cybersecurity scaleup CyberCX is $1 billion deal

- August 18, 2025 2 MIN READ

Melbourne scaleup CyberCX is potentially a unicorn following plans by professional services giant Accenture to acquire the six-year-old cybersecurity platform in a $1 billion-plus deal. CyberCX was founded in 2019 by former Optus Business boss John Paitaridis and Alastair MacGibbon, the former Australian government cyber security tsar. It was created from the merger of a dozen smaller… Read more »

Telstra CEO Vicki Brady
AI/Machine Learning

Telstra makes $700 million bet on AI to transform its business in Accenture joint venture

- January 15, 2025 2 MIN READ

Telecommunications giant Telstra plans to spend $700 million – $100m annually – over the next seven years to ramp up its data and artificial intelligence (AI) capabilities in a joint venture with its long-time partner Accenture. The US consultancy firm is already pouring $3 billion into its own AI capabilities and will own 60% of… Read more »

Topic

Aussie FinTechs wanted for Accenture FinTech Innovation Lab 2019

- April 6, 2019 3 MIN READ

Applications are now being accepted for Accenture’s annual FinTech Innovation Lab Asia-Pacific, a 12-week program that helps early- and growth-stage fintech companies accelerate product and business development through mentorship with executives from top financial institutions. The sixth year of the Lab comes after global fintech investments more than doubled in 2018, to US$55.3 billion, led by a… Read more »